Anonymous wrote:Anonymous wrote:Anonymous wrote:At SSSAS the deposit is 10% of annual tuition, which is around $4,500. Last year my DC looked elsewhere and we were reluctant to pay such a hefty deposit given we weren’t sure if we were staying. It seems out of line with the deposit amounts at other schools.
That is a HUGE deposit. While $1200 is reasonable and doable, $4,500 is the school purposefully sticking it to those who apply out. Do they have a hard time filling seats or something?
Do new students have to pay a 10% deposit as well? Why so large? Is it to discourage new students from ever taking a WL spot at a different school in April or May?
Anonymous wrote:Anonymous wrote:At SSSAS the deposit is 10% of annual tuition, which is around $4,500. Last year my DC looked elsewhere and we were reluctant to pay such a hefty deposit given we weren’t sure if we were staying. It seems out of line with the deposit amounts at other schools.
That is a HUGE deposit. While $1200 is reasonable and doable, $4,500 is the school purposefully sticking it to those who apply out. Do they have a hard time filling seats or something?
Anonymous wrote:At SSSAS the deposit is 10% of annual tuition, which is around $4,500. Last year my DC looked elsewhere and we were reluctant to pay such a hefty deposit given we weren’t sure if we were staying. It seems out of line with the deposit amounts at other schools.
Anonymous wrote:Anonymous wrote:Yes, this is the way it has always been. Be prepared to forfeit your deposit at the current school.
+1. Consider the deposit a tax for squatting on a seat that you intend to vacate.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Every year. Schools place the burden of risk on parents. And they get the extra cash if a family moves after paying the deposit.
It doesn’t seem unreasonable at all. Why would the school finance the risk?
Exactly. Especially for families who want to leave. Business first.
Well if everyone could be adults about it, the schools could ask if families definitely intend to re-enroll or if they are looking at other schools. They would then know how many seats they definitely have to fill and how many others they may have to fill. They could set the deposit deadline for the second group soon a few days after admission decisions are announced, at which point they could make a second round of offers from the wait list for any seats that open up.
Anonymous wrote:Anonymous wrote:Is it common at DC privates to have enrollment contracts due before families learn whether they are admitted to other schools?
I guess I understand that schools need to know if they have room, but how could you possibly switch without knowing if you are admitted elsewhere?
Are schools renewing contacts of those not vaccinated??
Anonymous wrote:Is it common at DC privates to have enrollment contracts due before families learn whether they are admitted to other schools?
I guess I understand that schools need to know if they have room, but how could you possibly switch without knowing if you are admitted elsewhere?
Anonymous wrote:I mean, it’s only $1000 or so. That is a large amount of money, but not when compared with the cost of private school for 4-12 years (or whatever time you enroll). It’s not enough to deter families who really want to go.
I think it’s so families don’t just apply out to see if they can get in somewhere more often (who maybe aren’t unhappy but just want to see if they can get in). Or for families who definitely know they are going but want to hold the spot until June.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Every year. Schools place the burden of risk on parents. And they get the extra cash if a family moves after paying the deposit.
It doesn’t seem unreasonable at all. Why would the school finance the risk?
Exactly. Especially for families who want to leave. Business first.
Well if everyone could be adults about it, the schools could ask if families definitely intend to re-enroll or if they are looking at other schools. They would then know how many seats they definitely have to fill and how many others they may have to fill. They could set the deposit deadline for the second group soon a few days after admission decisions are announced, at which point they could make a second round of offers from the wait list for any seats that open up.